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Adani Enterprises Ltd soars 9.77%, up for third straight session
05-Dec-23   13:05 Hrs IST

Adani Enterprises Ltd rose for a third straight session today. The stock is quoting at Rs 2778.4, up 9.77% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.55% on the day, quoting at 20800.85. The Sensex is at 69214.22, up 0.51%. Adani Enterprises Ltd has added around 23.7% in last one month.

Meanwhile, Nifty Metal index of which Adani Enterprises Ltd is a constituent, has added around 11.54% in last one month and is currently quoting at 7202.6, up 1.7% on the day. The volume in the stock stood at 119.92 lakh shares today, compared to the daily average of 21.59 lakh shares in last one month.

The benchmark December futures contract for the stock is quoting at Rs 2818.3, up 10.61% on the day. Adani Enterprises Ltd is down 31.09% in last one year as compared to a 11.58% gain in NIFTY and a 8.22% gain in the Nifty Metal index.

The PE of the stock is 136.5 based on TTM earnings ending September 23.

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